Razer to take over Android console maker Ouya?

The latest takeover rumor making the rounds is that Razer is looking to buy Ouya, the firm behind the crowd-sourced Android micro console.

In late April reports hit the web that Ouya had put itself up for sale as the firm was reportedly struggling to meet debt commitments. Now CNET claims Ouya is in talks with Razer and that the companies are discussing ways to bring Ouya's staff onboard.

The possible sale marks a dramatic turn for Ouya, a once-high flying startup, whose video game console and app store were popular with small developers. While the company and its service will likely continue to run under Razer's ownership, Ouya's efforts to sell itself underscores the challenges of competing in the video game industry, which is fueled primarily by blockbuster games bought by often finicky customers.